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    1. EBay's Bet on Fuel Cells Will Influence Data Centers

      EBay's Bet on Fuel Cells Will Influence Data Centers

      When Dean Nelson, the vice president responsible for provisioning and consolidating EBay’s (EBAY) data centers, evaluated Utah as a site for EBay’s next mega-data-center project, he was mostly happy. It offered tax incentives, low latency for serving EBay’s customers, and the right workforce. But for one problem: “There was a challenge around getting clean power,” says Nelson. Utah has less than 3 percent renewable energy and generates 82 percent of its power from coal, according to data from 2009 provided by the U.S. Energy Information Administration.

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    2. India's Blackout Could Slow Green Energy Progress

      India's Blackout Could Slow Green Energy Progress

      If there’s any country where solar power should be an easy sell, it’s India. Two-thirds of the country’s power supply comes from fossil fuels, and power producers can’t get enough coal to fire their plants or enough pipeline space to distribute natural gas. In late July, blackouts over two days left much of northern India in the dark, at one point cutting power to more than 640 million people. Even at the best of times the network fails to serve much of India. The July blackouts lasted “only for a couple of days but 400 million Indians have never had electricity,” says H Harish Hande, managing director of Selco Solar, a Bangalore-based company that focuses on expanding solar power use among the rural poor.

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    3. Apple Data Center Will Be Totally Green by 2013

      Apple Data Center Will Be Totally Green by 2013

      Apple Inc , targeted by Greenpeace International over its energy consumption, said its 500,000- square-foot data center in Maiden, North Carolina, will be powered entirely by renewable sources by the end of the year. The move, announced today on Apple’s website, follows a week of protests at the company’s headquarters in Cupertino, California. Greenpeace demonstrators criticized the world’s largest technology company for using too much coal to power the data facility. Apple reiterated its plan t

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    4. Iceland, Data-Center Hub?

      Iceland, Data-Center Hub?

      On the southwestern tip of Iceland, housed in a former NATO air base, a new $700 million data center is waiting to host the world’s information. Tapping into a ready supply of geothermal energy and cool temperatures, Björgólfur Thor Björgólfsson, a former banker and the country’s first billionaire, is trying to capture a slice of a rapidly growing market: green data centers. Investment in energy efficient server farms will climb to $41 billion by 2015, according to Pike Research. “Iceland happens to be a rare spot on the earth where there is a convergence of attributes that tick all the boxes,” says Jeff Monroe, chief executive officer of Verne Global, Björgólfsson’s venture. “You have 100 percent renewable energy. We can do 100 percent free cooling.”

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    5. Green Energy Profit Crash Deters New CEOs

      Green Energy Profit Crash Deters New CEOs

      Renewable energy companies are losing their allure with top executives after profits and stock prices collapsed across the industry, making it more difficult for boards to replace underperforming managers. First Solar Inc., the biggest U.S. solar company, ousted its chief executive officer in October and is still seeking a replacement. At Vestas Wind Systems A/S, the largest turbine maker, the chairman and finance director are leaving after the company cut sales forecasts twice in three months, and CEO Ditlev Engel said his own job is safe.

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      Mentions: Barack Obama
    6. Scotland's Next Wave: Marine Power

      Scotland's Next Wave: Marine Power
      From his office in a converted Victorian schoolhouse, Neil Kermode can see little more than centuries-old stone buildings and narrow streets better suited to horse carts than Land Rovers. Yet Kermode, head of the European Marine Energy Centre in Scotland’s Orkney Islands, will tell you he can also see the future. Orkney, a collection of green, hilly islands where the North Sea collides with the Atlantic Ocean, has become a testing ground for wave and tidal power, technologies that will be instrumental in helping Scotland reach its goal of getting all its electricity from renewable sources by 2020. “The bit of alchemy of turning seawater into electricity has been done,” Kermode says as he gazes out at the busy harbor in Stromness, a 90-minute ferry ride from the Scottish mainland. “Now what we’ve got to do is to industrialize it and do it reliably.”
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      Mentions: Europe
    7. Scotland Aims to Be the Arabia of Green Energy

      Scotland Aims to Be the Arabia of Green Energy
      Above the entrance to a converted school in the Orkney Islands, off the northern tip of Scotland, a line from John F. Kennedy is inscribed on the wall: “We need people who can dream of things that never were.” Beyond the portals of the European Marine Energy Centre, researchers are seeking to transform this island archipelago into a global hub of the renewable age. Situated where the North Sea and Atlantic Ocean collide, a maritime crossroads that Vikings featured in their sagas, companies such as EON AG and Iberdrola SA are today drawn to Orkney as a test bed for the latest wave and tidal power technologies.
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    8. Iceland Channels Volcanoes to Win Europe’s Energy-Supply Race

      Iceland Channels Volcanoes to Win Europe’s Energy-Supply Race
      Iceland is doing a feasibility study into building a 1,170- kilometer (727-mile) power cable to Scotland to transport as much as 18 terawatt-hours of geothermal and hydropower a year -- that’s enough to fuel as many as 5 million European homes. The project has the full backing of the government, Industry Minister Katrin Juliusdottir said in an interview. “Icelanders live with earthquakes and volcanic activity but the benefits are that now we can monetize these powers,” said Valdimar Armann, an economist at Reykjavik-based asset manager GAMMA, who estimates annual clean-energy exports could reach about a tenth of the island’s $12 billion economy.
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      Mentions: Iceland Europe Norway
    9. Gates, Brin Fight for California Carbon Law

      Gates, Brin Fight for California Carbon Law
      Clean-energy investors and environmentalists in California raised $11.9 million in the past two weeks to snuff out a challenge, backed by oil refiners Tesoro Corp. and Valero Energy Corp., to the state’s global- warming laws. Voters in the most-populous U.S. state will decide in eight days on Proposition 23, a proposal to suspend a state law restricting greenhouse-gas emissions until California’s unemployment rate falls to at least 5.5 percent. The rate in September was 12.4 percent, third-highest after Nevada and Michigan. Microsoft Corp. founder Bill Gates, Google co-founder Sergey Brin and James Cameron, director of the world’s top- grossing film “Avatar,” have donated to the campaign in the past two weeks, according to state records. If passed, the measure would undermine the nation’s largest solar market and threaten $9 billion in venture capital investments, according to analysts, investors and renewable-energy companies.
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    10. Power Price Gaps Shrink Amid European Mergers: Energy Markets

      Power Price Gaps Shrink Amid European Mergers: Energy Markets
      Price differences in Europe’s power markets are evaporating as exchanges merge and transmission cables are used more efficiently, advancing the continent’s push for a single trading arena. The average gap between French and Dutch electricity for next-day delivery was 1.38 euros ($1.93) a megawatt hour in the first nine months of this year, according to data compiled by Bloomberg. It was 7.85 euros in the same period four years ago, before exchanges and grid operators began “market coupling,” the system that automatically directs energy to the country with the highest prices.
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      Mentions: Europe Netherlands
    11. Google Makes Its Case for Wind Power

      Google Inc., the Web company that a decade ago used engineering prowess to conquer the nascent online advertising market, is now aiming technology and its cash pile at another fledgling industry: offshore wind farming. The company said yesterday that it’s investing in a $5 billion underwater network that can channel electricity from wind turbines scattered off the Atlantic coast, enough to light up 1.9 million homes from New York to Virginia.
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    12. China Beats U.S. on Renewable-Energy Investor Ranking

      China Beats U.S. on Renewable-Energy Investor Ranking
      China overtook the U.S. to lead a quarterly index of the most attractive countries for renewable energy projects for the first time, according to a list compiled by the global accounting firm Ernst & Young. After sharing the lead with the U.S. in the first quarter, China moved ahead of the world’s largest economy to rank as the most appealing nation for investing in wind and solar power projects, according to the report released today. The move follows the failure of U.S. Congress to pass legislation that would have required utilities to use clean energy. The Asian nation, the world’s biggest energy consumer, has set itself a goal of generating 15 percent of its electricity from renewable sources by 2020. It almost doubled consumer subsidies for renewable-power generation in the second half of last year to $545 million, the most recent period reported.
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      Mentions: Europe
    13. Vodafone Sells China Mobile Stake for $6.6 Billion

      Vodafone Sells China Mobile Stake for $6.6 Billion
      Vodafone Group Plc, the biggest mobile-phone company by sales, is selling its 3.2 percent stake in China Mobile Ltd. for about $6.6 billion (4.3 billion pounds). About 70 percent of the proceeds will be returned to shareholders through a stock repurchase and the rest will be used to pay down debt, Newbury, England-based Vodafone said today in an e-mailed statement. Morgan Stanley, UBS AG and Goldman Sachs Group Inc. are managing the offer. Vodafone has said it doesn’t consider its minority holdings essential to the business. The company bought its stake in China Mobile in two transactions between 2000 and 2002 for $3.25 billion. China Mobile, which is 74 percent held by state-owned China Mobile Communications, is the world’s biggest phone carrier by market value.
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    14. China Solar Projects Draw Interest From 50 Companies

      China Solar Projects Draw Interest From 50 Companies
      China’s effort to double its capacity to produce solar power has attracted project bids by 50 companies, ranging from nuclear plant operators to circuit-breaker makers, one of the participants said. The tender process has generated 135 offers to build and run solar plants in six provinces, including from China Guangdong Nuclear Power Group Co., the nation’s second-biggest atomic plant builder, according to Qiu Zhanwei, vice-director of Beijing-based solar-module maker Astronergy, which also has bid. “A lot of companies are interested in getting involved in these projects as the government is keen to develop this sector and they want to get an early piece of the action,” said Dennis Lam, an analyst at DBS Vickers Hong Kong Ltd.
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    15. Rutgers’ Chinese Solar Panels Show Clean-Energy Shift

      Rutgers’ Chinese Solar Panels Show Clean-Energy Shift
      At Rutgers University in New Jersey, 7,600 panels convert sunlight into electricity, saving some $200,000 in energy costs this year in the biggest solar-power experiment at a U.S. college. Yingli Green Energy Holding Co., China’s second-largest solar-panel maker, supplied the $10 million project. Yingli is one of several Chinese manufacturers that have slashed costs to reduce global prices for solar modules by about 50 percent in two years. The drive made them more affordable for buyers from Rutgers to Wal-Mart Stores Inc., the biggest U.S. retailer.
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    16. Your Next IT Budget: 6 Ways to Support Business Growth

      Your Next IT Budget: 6 Ways to Support Business Growth
      After a year of deep recession affecting IT budgets, businesses are finally returning to a growth agenda. And infrastructure and operations is no exception: in the coming year, Forrester expects a noticeable bump in IT spend. So what does this mean for the infrastructure professional? It's time to reprioritize initiatives to align with the business' focus on growth. To do so, look at where your dollars are coming from, tap into funds set aside for innovation and growth, and deliver on three critical I&O initiatives.
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    17. Apple Falls After Consumer Reports Won’t Back IPhone

      Apple Falls After Consumer Reports Won’t Back IPhone
      Apple Inc. declined a day after Consumer Reports said it wouldn’t recommend the iPhone 4, fueling concern that demand for the smartphone may drop and speculation that the handset may be recalled. Apple fell as much as $10.86, or 4.2 percent, to $246.43 at 11:39 a.m. New York time in Nasdaq Stock Market trading, the biggest drop in two weeks. The stock had risen 22 percent this year before today.
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      Mentions: Apple At&T
    18. U.K. to Cut Barriers to Nuclear Power, Minister Says (Update1)

      U.K. to Cut Barriers to Nuclear Power, Minister Says (Update1)
      June 16 (Bloomberg) -- Nuclear power can play a key role in the U.K.’s future energy mix, Minister Charles Hendry told executives from Electricite de France SA, Centrica Plc and other utilities. While the new coalition government won’t subsidize the industry, it will remove regulatory barriers and encourage nuclear power by establishing a minimum price for carbon, the energy minister said at the Nuclear Industry Forum in London. Britain, needing 200 billion pounds ($300 billion) to renew aging power plants in the next two decades, will have to tap international investors for the first time, according to the Department of Energy and Climate Change.
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      Mentions: Europe
    19. U.S. Falls From Internet Elite, Aims to Catch Iceland, Hungary

      U.S. Falls From Internet Elite, Aims to Catch Iceland, Hungary
      Laurent Bernard, an intern at HSBC Holdings Plc in Paris, recalls his U.S. Internet experience in 2008, the year he moved to New York City as a student. “I noticed right away that the Internet was slower,” Bernard, 24, said in an e-mail. “The most annoying thing was the time it took for each Web page to load on the screen. In France, it’s pretty much instantaneous.” After ranking third in the world a decade ago, the U.S. has dropped to 15th in the proportion of citizens receiving fast Web service, or broadband, according to the Organization for Economic Cooperation and Development. South Korea, Iceland and Germany are among the countries that ranked higher in 2009, the Paris-based group says. Connections were both faster and cheaper in 12 countries, including Hungary and Denmark.
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      Mentions: Iceland Europe Google
    20. IBM’s Palmisano to Spend $20 Billion on Takeovers (Update1)

      IBM’s Palmisano to Spend $20 Billion on Takeovers (Update1)
      International Business Machines Corp. Chief Executive Officer Sam Palmisano, seeking to boost earnings by focusing on software and services, said he plans to spend $20 billion on acquisitions in the next five years. Operating earnings will jump to at least $20 a share by 2015 from $11.35 or more this year, helped by cost savings and software demand, Palmisano said in a meeting with investors in New York today. The company also predicted sales growth that beat analysts’ estimates, sending the stock higher.
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    21. ‘Black Swan’ Volcano Offers Three Simple Lessons: Matthew Lynn

      ‘Black Swan’ Volcano Offers Three Simple Lessons: Matthew Lynn
      For a generation or more, no one ever gave a second thought to Iceland. Now it has shaken up the world twice in a couple of years. First its banks collapsed in the most dramatic illustration of the fragility of our financial system. Now an Icelandic volcano is spewing ash into the sky, prompting a shutdown of European airspace. The continent is paralyzed. Planes are grounded. Travelers are stuck thousands of miles from their families and workplaces. Business is grinding to a halt.
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      Mentions: Iceland Europe
    22. A Gold Rush in Green Technology

      A Gold Rush in Green Technology
      Like bright sunshine charging up solar panels, investor fervor is fueling the market for public offerings of green companies. Electric automaker Tesla Motors, U.S. green energy producer Ameresco, and Spain's T-Solar have filed to go public, and many more are waiting in the wings. "There's renewed appetite for green IPOs," says Luigi Ferraris, chief financial officer of Italian utility Enel, which plans to sell a minority stake of its renewables subsidiary Enel Green Power for $5.4 billion by the end of the year. That would be Europe's largest listing since 2007.
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    1-24 of 44 1 2 »
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